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Saudi Arabia Transfers Nearly $78 Billion of Aramco Shares to Wealth Fund
The second such transfer comes amid high oil prices and as the kingdom seeks to diversify its economy away from oil. Source link
Bank Failures Rattle Market for Short-Term Lending
The underpinnings of the financial system and corporate funding for companies including Duke Energy are still thawing after last month’s banking crisis. Source link
Stocks Slide Even as Big Banks Rally
Earnings season kicked up a gear with reports from several banks including JPMorgan, which posted record revenue. Source link
JPMorgan, Delta, Amazon: Stocks That Defined the Week
Markets Stocks Here are seven major companies whose stocks moved on the week’s news Source link
Don't Call Them 'Barbarians at the Gate'
KKR plans to invest broadly and double earnings as founders Kravis and Roberts prepare to hand off control Source link
As Bond Market Turbulence Eases, Companies Borrow Again
Treasury yields have settled at lower levels, reflecting an anticipated growth slowdown. Source link
There Was No Crisis for JPMorgan and Its Big-Bank Peers
Markets Finance JPMorgan, Wells Fargo, Citigroup post profit and revenue gains after turmoil last month Source link
UnitedHealth First-Quarter Earnings, Revenue Up as Company Added Members
Business Earnings Company sees moderate health spending, but higher costs for drugs such as Ozempic Source link
No All-Clear Signal for Banking
A good quarter for the biggest banks doesn’t change the bigger picture for banking. Source link
As Bond Market Turbulence Eases, Companies Borrow Again
Treasury yields settle at lower levels, reflecting an anticipated growth slowdown. Source link